AMR stock
04-20-2011, 12:12 PM
#3
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Originally Posted by Hoss
A pretty good quarter? Since when is a $436 million dollar loss a good quarter? AMR lost nearly $5 million dollars a day - yet the executives will still get their bonuses for a job well done
04-20-2011, 12:22 PM
#4
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Originally Posted by Shaggy1970
Been looking at this stock for a while now, don't understand it. They report a pretty good quarter and still the stock is down? What gives?
Plus, I think airline stock is a pretty bad investment anyway.
04-25-2011, 03:50 PM
#5
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If the price of crude oil comes down several days in a row, AMR will go up above $6. It makes a good stock to trade, but it's been awful lately because of oil, with no real end in sight. Weather hasn't been helping either, and then there's Japan.
04-26-2011, 02:45 PM
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Originally Posted by Shaggy1970
Been looking at this stock for a while now, don't understand it. They report a pretty good quarter and still the stock is down? What gives?
Wow, you must think a lot differently than me.
If iI had lost 436 million dollars in four months I would consider it a terrible quarter.
Mabye you just have way more savings than I do!
04-26-2011, 03:04 PM
#7
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Originally Posted by Shaggy1970
Been looking at this stock for a while now, don't understand it. They report a pretty good quarter and still the stock is down? What gives?
Like others said, high oil and general economy is dragging AMR down. Investor confidence is defnitely down as they underperformed even last year which was generally good for the airlines. The rumors of a potential brankruptcy restructuring is not helping their stock either.
US legacy stocks have historically fluctuated in the same spectrum. This is the lower end side of AMR, DAL etc. However, I think AMR stock is a nice play for a short/medium term swing trade. Like they say 'buy the fear, sell the greed'. This is the fear/buy time...yet a gamble like always.
Last edited by freightguy; 04-26-2011 at 04:47 PM.
04-26-2011, 03:09 PM
#8
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Originally Posted by Godzilla
Wow, you must think a lot differently than me.
If iI had lost 436 million dollars in four months I would consider it a terrible quarter.
Mabye you just have way more savings than I do!
If iI had lost 436 million dollars in four months I would consider it a terrible quarter.
Mabye you just have way more savings than I do!
Well then.. its must be REALLY bad since a quarter is only THREE quarters....LOL
Have to agree.. dont see to much to be happy about with those numbers...
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